Evolve Private Wealth LLC Sells 1,154 Shares of Northrop Grumman Corporation $NOC

Evolve Private Wealth LLC reduced its stake in Northrop Grumman Corporation (NYSE:NOC) by 61.8% during the second quarter, according to its most recent filing with the SEC. The fund owned 713 shares of the aerospace company’s stock after selling 1,154 shares during the quarter. Evolve Private Wealth LLC’s holdings in Northrop Grumman were worth $363,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Financial Life Planners purchased a new stake in shares of Northrop Grumman during the 1st quarter worth approximately $30,000. Torren Management LLC purchased a new position in Northrop Grumman in the fourth quarter valued at approximately $26,000. Karpus Management Inc. purchased a new position in Northrop Grumman in the fourth quarter valued at approximately $26,000. Whipplewood Advisors LLC grew its holdings in Northrop Grumman by 380.0% during the first quarter. Whipplewood Advisors LLC now owns 48 shares of the aerospace company’s stock valued at $33,000 after purchasing an additional 38 shares during the period. Finally, Kohmann Bosshard Financial Services LLC bought a new position in Northrop Grumman during the fourth quarter valued at $29,000. Institutional investors own 83.40% of the company’s stock.

Key Headlines Impacting Northrop Grumman

Here are the key news stories impacting Northrop Grumman this week:

• Positive Sentiment: CEO Kathy Warden said Northrop expects to win a “decent share” of the potential $1 trillion Golden Dome space-based missile-defense program. A meaningful award could materially expand the company’s backlog and support long-term growth, although no specific contract has been announced. NOC Stock Inches Ahead — Northrop CEO Reportedly Eyes ‘Decent Share’ In Potential $1 Trillion Golden Dome Defense Contracts
• Positive Sentiment: Warden described Northrop as operating on a “wartime footing” and highlighted rising geopolitical tensions, active conflicts and global defense-spending growth. The comments reinforce expectations for sustained demand across missiles, space systems and other strategic-defense programs. Northrop Grumman Is on a Wartime Footing, CEO Says
• Positive Sentiment: A separate interview emphasized Northrop’s work with the Trump administration on Golden Dome and the broader defense-spending cycle, potentially improving the company’s positioning for future U.S. awards. Northrop CEO on Defense Spending, Golden Dome System
• Positive Sentiment: Analyst commentary characterizes Northrop as a strategic defense holding benefiting from missile demand, space investment and broader defense growth. Northrop Grumman: A Strategic Play On Defense Growth And Missile Demand
• Neutral Sentiment: The administration’s $1.55 billion rare-earth initiative could strengthen the domestic defense supply chain and benefit major contractors such as Northrop, but the direct financial impact on NOC is not yet clear. Why Trump’s $1.55 Billion Rare Earth Move Matters for Lockheed Martin, RTX and Northrop Grumman
• Negative Sentiment: Recent comparisons with Lockheed Martin note that both companies benefit from defense demand but compete with different backlogs, growth rates and international exposure. This may limit NOC’s relative appeal, particularly while Golden Dome opportunities remain uncontracted. LMT vs. NOC: Which Defense Stock Offers Better Growth Prospects?

Northrop Grumman Trading Down 1.2%

Shares of NOC stock opened at $542.70 on Wednesday. The stock has a market capitalization of $77.08 billion, a price-to-earnings ratio of 17.24, a PEG ratio of 3.56 and a beta of -0.11. The company’s fifty day simple moving average is $541.38 and its two-hundred day simple moving average is $607.38. Northrop Grumman Corporation has a 1 year low of $479.02 and a 1 year high of $774.00. The company has a debt-to-equity ratio of 0.81, a current ratio of 1.17 and a quick ratio of 1.06.

Northrop Grumman (NYSE:NOC) last posted its quarterly earnings results on Tuesday, July 21st. The aerospace company reported $7.68 EPS for the quarter, topping analysts’ consensus estimates of $6.82 by $0.86. Northrop Grumman had a return on equity of 24.25% and a net margin of 10.48%.The firm had revenue of $10.88 billion during the quarter, compared to analyst estimates of $10.80 billion. During the same period last year, the company earned $8.15 earnings per share. The business’s revenue for the quarter was up 5.1% on a year-over-year basis. Northrop Grumman has set its FY 2026 guidance at 28.600-29.100 EPS. As a group, analysts anticipate that Northrop Grumman Corporation will post 28.97 earnings per share for the current year.

Northrop Grumman Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 16th. Shareholders of record on Monday, August 31st will be issued a dividend of $2.47 per share. This represents a $9.88 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date of this dividend is Monday, August 31st. Northrop Grumman’s payout ratio is presently 31.39%.

Wall Street Analysts Forecast Growth

NOC has been the topic of several research reports. Robert W. Baird set a $500.00 target price on Northrop Grumman in a research note on Wednesday, July 22nd. Deutsche Bank Aktiengesellschaft set a $615.00 price target on Northrop Grumman in a research note on Wednesday, July 22nd. Morgan Stanley set a $745.00 price objective on Northrop Grumman in a report on Wednesday, July 15th. Citigroup boosted their price objective on Northrop Grumman from $617.00 to $667.00 and gave the company a “buy” rating in a research note on Thursday, August 13th. Finally, Weiss Ratings downgraded shares of Northrop Grumman from a “hold (c+)” rating to a “hold (c)” rating in a report on Wednesday, August 12th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and eight have assigned a Hold rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $661.30.

Insiders Place Their Bets

In other news, Director Mark A. Welsh III sold 95 shares of the company’s stock in a transaction dated Monday, August 3rd. The stock was sold at an average price of $547.53, for a total transaction of $52,015.35. Following the sale, the director directly owned 4,393 shares in the company, valued at $2,405,299.29. This represents a 2.12% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.21% of the stock is owned by insiders.

Northrop Grumman Company Profile

Northrop Grumman Corporation (NYSE: NOC) is a leading U.S.-based aerospace and defense company that designs, builds and sustains advanced systems, products and technologies for government and commercial customers. Formed through the combination of Northrop and Grumman businesses in the 1990s, the company’s portfolio spans manned and unmanned aircraft, space systems, missile defense, radar and sensor systems, and integrated command, control, communications, computers, intelligence, surveillance and reconnaissance (C4ISR) solutions.

The company’s work includes airframe and platform manufacturing, space hardware and satellite systems, advanced mission systems and cybersecurity services, as well as logistics, sustainment and modernization programs.